- Oil jumped after U.S. strikes in southern Iran even as talks in Doha raised hopes of a peace deal — a reminder the conflict still threatens energy markets and shipping through the Strait of Hormuz.
- Higher energy prices are pushing investors to expect tighter central‑bank policy (Fed, ECB, BoE), which could keep inflation and everyday costs elevated.
- Sri Lanka surprised markets with a 100‑basis‑point rate hike to fight inflation and currency pressure, underscoring how serious the price shock has become.
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